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Rizwan Bhatti

Markets

ECs to sell greenback on presentation of evidence

Exchange Companies on Friday decided to sell dollar only for travel, education and medical purposes on presentation of evidence. Malik Muhammad Bostan President FAP told Business Recorder that association has decided to sell the dollar only for tra
Published 06 Apr, 2019 12:00am
Print

Forex reserves up $2.4 billion in March

With arrival of inflows from China and UAE, Pakistan''s total liquid foreign reserves mounted up by $2.4 billion during March 2019. The country''s foreign exchange reserves are gradually increasing and crossed $17 billion mark end of the last month due to
Published 05 Apr, 2019 12:00am
Print

Forex reserves up $2.4 billion in March

With arrival of inflows from China and UAE, Pakistan's total liquid foreign reserves mounted up by $2.4 billion during March 2019. The country's foreign exchange reserves are gradually increasing and crossed $17 billion mark end of the last month due to r
Published 05 Apr, 2019 12:00am
Print

Forex reserves up $2.4 billion in March

With arrival of inflows from China and UAE, Pakistan's total liquid foreign reserves mounted up by $2.4 billion during March 2019. The country's foreign exchange reserves are gradually increasing and crossed $17 billion mark end of the last month due to r
Published 05 Apr, 2019 12:00am
Print

Policy rate hiked to 10.75 percent

The State Bank of Pakistan (SBP) on Friday hiked the key policy rate by 50 basis points (bps) to 10.75 percent. Rising inflationary pressure on the economy, higher fiscal and current account deficit and massive government borrowing from the SBP are the fa
Published 30 Mar, 2019 12:00am
Print

Policy rate hiked to 10.75 percent

The State Bank of Pakistan (SBP) on Friday hiked the key policy rate by 50 basis points (bps) to 10.75 percent. Rising inflationary pressure on the economy, higher fiscal and current account deficit and massive government borrowing from the SBP are the fa
Published 30 Mar, 2019 12:00am
Print

Policy rate hiked to 10.75 percent

The State Bank of Pakistan (SBP) on Friday hiked the key policy rate by 50 basis points (bps) to 10.75 percent. Rising inflationary pressure on the economy, higher fiscal and current account deficit and massive government borrowing from the SBP are the fa
Published 30 Mar, 2019 12:00am
Print

Policy rate hiked to 10.75 percent

The State Bank of Pakistan (SBP) on Friday hiked the key policy rate by 50 basis points (bps) to 10.75 percent. Rising inflationary pressure on the economy, higher fiscal and current account deficit and massive government borrowing from the SBP are the fa
Published 30 Mar, 2019 12:00am
Print

First-ever Rs 200 billion Energy Sukuk issued

In order to address the longstanding circular debt issue, the federal government on Friday issued the first-ever Pakistan Energy Sukuk-I (PSE-I) worth Rs 200 billion. The issuance of Shariah bond will provide the much needed liquidity to the power sector
Published 02 Mar, 2019 12:00am
Print

First-ever Rs 200 billion Energy Sukuk issued

In order to address the longstanding circular debt issue, the federal government on Friday issued the first-ever Pakistan Energy Sukuk-I (PSE-I) worth Rs 200 billion. The issuance of Shariah bond will provide the much needed liquidity to the power sector
Published 02 Mar, 2019 12:00am
Print

First-ever Rs 200 billion Energy Sukuk issued

In order to address the longstanding circular debt issue, the federal government on Friday issued the first-ever Pakistan Energy Sukuk-I (PSE-I) worth Rs 200 billion. The issuance of Shariah bond will provide the much needed liquidity to the power sector
Published 02 Mar, 2019 12:00am